PHUNK Vault (NFTX) (PHUNK) FAQ

Question 1

What determines the price movement of PHUNK Vault (NFTX) (PHUNK)?

Accepted Answer

There are two schools of thought when it comes to determining the price of a cryptocurrency like PHUNK Vault (NFTX).
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of PHUNK Vault (NFTX), collectively known as <0>fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of PHUNK Vault (NFTX). By way of price action: <0>technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of PHUNK Vault (NFTX) on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of PHUNK Vault (NFTX). Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for PHUNK Vault (NFTX) and the broader cryptocurrency market.

Question 2

What is the highest price of PHUNK Vault (NFTX) price in history?

Accepted Answer

PHUNK Vault (NFTX) achieved the all-time high of 10625.22 in 2021-12-15, and is currently trading at 93.76.

Question 3

What is the lowest price of PHUNK Vault (NFTX) price in history?

Accepted Answer

PHUNK Vault (NFTX) reached its all-time low of  69.95 on 2021-08-19.

Question 4

What is the current market cap of PHUNK Vault (NFTX)?

Accepted Answer

The current market cap of PHUNK Vault (NFTX) is  , as  PHUNK is trading at the price of 93.76.

Question 5

How many PHUNK Vault (NFTX) are there in the market?

Accepted Answer

There are currently  PHUNK circulating in the market. These PHUNK Vault (NFTX) can be actively traded or used in the open market.

Question 6

What is the maximum supply of PHUNK Vault (NFTX)?

Accepted Answer

The maximum supply of PHUNK is ∞ , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

Question 7

What is the fully diluted market cap (or FDV) of PHUNK Vault (NFTX)?

Accepted Answer

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of PHUNK Vault (NFTX) is 25877.760. The FDV is calculated taking the assumption that all supply of PHUNK Vault (NFTX) is circulation, multiplied by its current price of  93.76.

Question 8

What is the price prediction of PHUNK Vault (NFTX) ?

Accepted Answer

Using an algorithm to automatically identify historical data trends, this <0>PHUNK Vault (NFTX) price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Question 9

Is PHUNK Vault (NFTX) a good investment?

Accepted Answer

PHUNK Vault (NFTX) offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that PHUNK Vault (NFTX) and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and <0>do your own research (DYOR) before investing in PHUNK Vault (NFTX).

Question 10

How to buy PHUNK Vault (NFTX)?

Accepted Answer

You can buy PHUNK Vault (NFTX) via Gate by following the steps on <0>how to buy PHUNK once you have funded your account.

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